Hyderabad is at the helm of massive growth. While the property market is sluggish in a ton of other major cities across the nation, it is flourishing in the capital of Telangana. And for you readers, it’s the right time to take a shot at it. Whether you are looking to settle down in a 2bhk apartment in Hyderabad or considering adding to your portfolio of investments, Hyderabad makes the case for being the best bang for your buck. You ask why? Read on to find out.
The government of Telangana is on a roll with giving the city a major infrastructure upgrade. Some of its moves include strategic road development, airport expansion,metro rail extensions, construction of an expressway, implementationof projects such as an Aerospace Park SEZ and Gaming and Animation Park, and ironing out utility-related woes. They are helping lay the ground work for a thriving city life, transforming the way we access living spaces, commute and work. In terms of quality of life, Hyderabad is beating other major cities such as Bangalore when it comes to cost of living, safety, pollution, and commute time, amping up the investments in the city and driving up the underlying value of properties there.Hyderabad is not far away from becoming a truly global, bustling business hub, thanks to initiatives such as the Telangana State Industrial Project Approval and Self-Certification System (TS-iPASS). These initiatives have created an environment where doing business is increasingly becoming a smooth sail, attracting large multi-national companies such as Apple and Amazon.In addition, Hyderabad is being hailed as the fastest emerging IT hub in the country, with other sectors such as Electronics and Pharma growing at a rapid pace too. From an investment perspective, this is fueling a momentum in the demand for residential and commercial properties. All these factors are serving well in terms of providing higher economic prosperity, better job prospects, chances at upward mobility, and benefits such as being able to live closer to work. For those looking to buy an apartment for their ‘forever home’, the city offers all the right ingredients for a life that is comfortable and fulfilled.
Real estate property sales have been on a steady upward climb in the city over the last couple of years, despite the recent slump in other cities around the country, sparked by demonetization, GST, and other such factors. That shows resilience. Furthermore, Hyderabad is still considered to have enough inventory in terms of affordable housing even in the case of luxury apartments, in comparison tometro cities such as Mumbai and Delhi where homebuyer fatigue has set in, courtesy the pricey housing. Also, with Real Estate Regulatory Authority (RERA) functional now,you will have a lot more transparency with regards to your real estate project. The possibilities of your investment going wrong is much lower, with no fund diversions, delayed completionsand frauds.
Those investing in properties right about now stand to benefit not only from the lower prices, but a brilliant investment.With decent capital appreciation and high rental yields, you’re more than likely to rake up good profits, specifically with apartments in Gachibowli, Kondapur and other such areas, and not be left with a soured view on your property investment decisions.Turns out you can have your cake and eat it too. So, if you are considering this powerplay move into real estate, you can be assured that the city is indeed a treasure trove. Now is the right time to scoop up a property because prices are going up at an incredibly swift pace. You can start your search right here! Check out the luxury apartments 2&3BHK at Ramky One Galaxia located at Nallagandla, Gachibowli which will put you close to hi-tech city and IT corridor with proximity to malls and hospitals. This project also features a Futsal ground, the first of its kind in Hyderabad’s gated communities!What’s more, the apartments have a superior security system with solar fencing and surveillance cameras. You also have the option of upgrading your home security with features such as video door phone, panic button, and gas leak detector.